Word: tandem
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...identity juggernaut: China. Gone are the days of Sino-Russian conflicts over their 1000-mile border. Russia’s arms industry has been brought back to life by Chinese purchases, and China is an ever-growing customer for Russia’s natural resources. As a Security Council tandem, Russia and China can resist Western pressure on all but the most uncontroversial issues. For instance, what serious prospect is there for Security Council action on Iran’s nuclear program since Russia is building Iran’s nuclear power plant and China has signed a $70 billion...
...match. “I was clear,” Nguyen said. “I was clear on my game plan, game style, and I essentially didn’t hold back.” In doubles, the Crimson’s recent struggles continued, as the tandem of Nguyen and Clayton was the only one that succeeded in pulling off an 8-4 win at No. 3, while No. 2 Denenberg and Valkin lost, 8-5, and No. 1 junior Ashwin Kumar and freshman Michael Hayes lost, 9-8(4). NOTE: Sunday’s scheduled match against...
...delivering positive, usually double-digit, returns every year to investors in the fund he launched in 1969. Thorp, probably best known for figuring out how to beat the house at blackjack, did this by programming computers to identify small price discrepancies between securities that should have been trading in tandem. Then he borrowed tons of money to bet that these discrepancies would disappear. Such strategies were off-limits to mutual funds, but Thorp's Princeton Newport Partners was a hedge fund--an unregulated investment partnership catering to the rich...
...What economists are struggling to predict is how extensive the impact of this housing slowdown will be. Many other real estate markets around the globe rose in tandem with the U.S. in recent years, but so far none have come back down to earth with the same force. Perhaps most surprisingly, American consumers are continuing to spend, regardless: automobile purchases are sluggish, but monthly retail sales rose by a higher-than-forecast 0.9% from November to December. "I'm not prepared to bet against the American consumer. That's a highly dangerous proposition," says Jesper Koll, chief Japan economist...
...ruled the tax unconstitutional, and stopped the state from collecting Robbins' $1.1 million. But the Department of Revenue, confident the ruling will be overturned on appeal, is continuing with the assessments. Says Deputy Commissioner Reagan Farr, "It's fine to have a criminal and a regulatory scheme running in tandem. We've made sure our statute is purely regulatory, not punitive." But no matter how you define it, the bottom line for Tennessee is that crime pays...